Personal Finance

If you have a will, it might not be sufficient to ensure that your wishes are carried out Here's what you need
Personal Finance

If you have a will, it might not be sufficient to ensure that your wishes are carried out Here's what you need

We describe how a letter of wishes operates. Although it can be uncomfortable, making plans for the future is crucial if you want...

"My annual ISA allowance has been utilized"
Personal Finance

"My annual ISA allowance has been utilized"

We look at ways to shield your money from taxes, as millions of people must pay taxes on savings interest. A growing number of pe...

Early withdrawals from pension tax-free lump sums could cost savers up to £63,000
Personal Finance

Early withdrawals from pension tax-free lump sums could cost savers up to £63,000

According to new research, individuals over 55 who take their 25% pension tax-free lump sum early instead of investing it could end up 63...

According to Reeves, eliminating pension salary sacrifice would cost the typical worker £377 annually
Personal Finance

According to Reeves, eliminating pension salary sacrifice would cost the typical worker £377 annually

A group of retirement experts informed MPs that changes to salary sacrifice plans, an option that HMRC hypothetically investigated earlie...

Up to 35 million single couples who run the risk of losing their portion of the house should be warned
Personal Finance

Up to 35 million single couples who run the risk of losing their portion of the house should be warned

Here's how to keep your assets safe. Lawyers are cautioning that up to 3.5 million couples who live together but have unequal sha...

How do other wealthy nations compare to the UK's state pension, which is the least generous in the G7?
Personal Finance

How do other wealthy nations compare to the UK's state pension, which is the least generous in the G7?

According to a recent analysis, the UK is ranked lowest among wealthy G7 nations on three important metrics of state pension generosity....

How to protect your finances as Reeves warns of "necessary choices" and refuses to rule out income tax increases
Personal Finance

How to protect your finances as Reeves warns of "necessary choices" and refuses to rule out income tax increases

Refusing to reiterate her manifesto promise not to raise income tax, National Insurance, or VAT, Rachel Reeves has provided her strongest...

Would you be eligible to have 195,000 households' energy debt forgiven by Ofgem for a total of £500 million?
Personal Finance

Would you be eligible to have 195,000 households' energy debt forgiven by Ofgem for a total of £500 million?

Ofgem's new Debt Relief Scheme could soon allow up to 500 million in energy debt to be written off as the regulator works to reduce the e...

Is your unclaimed energy credit of 240 million pounds and your 1 point 9 million owed due?
Personal Finance

Is your unclaimed energy credit of 240 million pounds and your 1 point 9 million owed due?

Energy consumers are being encouraged by Ofgem to check if they are due a portion of 240 million in unclaimed credit. The regulat...

Reeves may restrict pension tax-free funds to £100,000 Experts advise retirees not to rush the budget
Personal Finance

Reeves may restrict pension tax-free funds to £100,000 Experts advise retirees not to rush the budget

However, retirees are being cautioned by wealth experts about making final decisions prior to the Budget. A Labour-aligned group,...

The ultra-wealthy use family investment firms to hide their wealth from the tax authorities
Personal Finance

The ultra-wealthy use family investment firms to hide their wealth from the tax authorities

Wealth managers and accountants, who provide professional advice to extremely wealthy people, are observing a change in the way their cli...

Scammers defraud British citizens of over 600 million pounds; learn how to stay safe
Personal Finance

Scammers defraud British citizens of over 600 million pounds; learn how to stay safe

Is there a risk to your money? As scam cases increased throughout the UK in the first half of 2025, scammers stole over 600 milli...